Wells Fargo Gets Wells Notice About Mortgage-Backed Securities Offerings

Wells Fargo & Co. has received a Wells notice from the SEC regarding disclosures in its mortgage-backed securities offering documents, including whether it adequately disclosed risks associated with mortgage-backed securities.  According the Wall St. Journal, the SEC is conducting similar investigations at a number of Wall St. firms, including Bank of America, Citigroup, Deutsche Bank and Goldman Sachs.  WSJ, Wells Fargo Discloses SEC Wells Notice